This little amazing fact in bold I want to know more about - Jon Carnes saved $3K from working in a fried chicken joint to start his investment career...? And then for Carnes to take that relatively small amount of money and become one of the best short sellers of Chinese stocks....Amazing.

Carnes, who started his investment career in 1992 with $3,000 of savings from a part-time job at a South Carolina fried chicken joint, has been researching Chinese shares for at least a decade. Around 2009, he started focusing on short-sale opportunities in companies he suspected were inflating their financial

So I guess if you're a shareholder in First Solar or Sun Power or Solar City or any other solar company you'll be voting for Hillary Clinton for President. This seems pretty ambitious, but if Clinton wins and follows through with this plan, 500 million solar panels seems like a lot of roof tops in the United States going solar and a few solar companies earning a lot of money for "their" shareholders...on the other side of this, if you're hoping coal stocks will come back, there doesn't seem like much chance if Clinton is in the White House...

Chrissy Teigen would pay $10K a month to use Twitter...and then there's Trump who just loves Twitter since he doesn't pay anything to use it, says it's like owning a newspaper without the losses. I think it would make sense for Twitter to offer certain VIP type accounts, where you don't see any ads and maybe have more protection against spam or trolls. Twitter could give more services to paid accounts, whether that's more stats or the like and charge a monthly fee - perhaps not $10K a month like Teigen suggests but maybe $5 or $10 a month for

Comments Off on Howard Marks: Hold Stocks for Five Years, Not Five Minutes

I don't know, there just aren't too many stock traders who can day trade or go in and out of stocks on a day to day or week to week basis. On TV, you often hear about all of these amazing trades, but you don't hear about those bad trades and the suffering of making a bad trade. Just like Jim Cramer says about Apple, don't trade it just own it, the idea of long term investing should be talked about much more than it is. Here Howard Marks says think long term, as in five years, when you

CNBC's Pete Najarian loves coffee. Najarian loves coffee so much that he drinks 15 cups a day - everyday. So, if you're watching him on Fast Money and you see him a bit hyped up about a stock or option play, then this just might be why. I'm guessing Najarian wouldn't be able to function without his "java"....

Yeah, it makes sense that Apple would keep the iPod going even though everyone seems to have an iPhone, for the kids. The iPod surely is a gateway drug, as it gets you within the iTunes system. But it's also not a bad product for the Internet service providers, right?
I mean you have to have Internet access to listen to Apple Music and go on Facebook and Snapchat or whatever else kids are doing these days. I see a lot of kids watching Youtube videos on their smart phones, so that's just good for maxing out your data plan,

Who's selling their shares based on these two tweets by Carl Icahn? For the past few years every financial pundit on TV or Twitter and said this is the top, but the stock market just keeps going higher and higher.
But you'd have to be crazy not to sell some stock if you've been in the market since the crash five or six years ago....it's been an amazing run from the bottom. And if you're going to listen to someone, perhaps it doesn't hurt to heed Carl Icahn's call, as his calls on Netflix and Apple have been dead on

Mad Money's Jim Cramer says he sold half of his position in Twitter....Cramer has been frustrated with insiders selling shares of Twitter and that seems to be continuing. Whoever the new CEO is at Twitter, the first thing he should do is buy a bunch of shares to show he or she has skin in the game for the long term.

Damn, it's why i had to cut my position in half for the trust. They won't stop selling. So no takeover happening. https://t.co/UabKw5jw52

Maybe Twitter should have a new CEO everyday or at least an honorary CEO of the day where they set the agenda. I'm sure Snoop Dogg's agenda if he was CEO would be pass out joints to all employees, but he also tweets about helping Twitter make more money, which is exactly what Wall Street is looking for. What do you say Twitter board of directors, will you give Snoop Dogg a chance to be CEO?

Who knew you could make more money if you watched ESPN all day instead of CNBC....? I not sure why CNBC is singled out in the above Tweet, you can add Bloomberg, Fox Business, and so on, to the list of financial news channels you should avoid if you want to make money. And by make money I mean not loose money which is just as good